,,ii  #aaf? ,,congress  #b;d ,session   
,s4 #cbdc  ,,9 ,,! ,,s5ate ,,( ,,!      
,,unit$ ,,/ates  ,janu>y #bh1 #bjbj,mrs4
 ,%ahe5 introduc$ ! foll[+ bill2 :i* 0  
read twice & ref]r$ to ! ,committee on  
,heal?1 ,education1 ,labor1 & ,p5sions  
,a ,,bill  ,to increase /ud5ts' &       
borr[]s' access to /ud5t loan in=mation 
)9 ! ,national ,/ud5t ,loan ,data       
,sy/em4  #a4 ,%ort title ,?is ,act may  
be cit$ z ! ,simplify+ ,access to ,/ud5t
 ,loan ,in=mation ,act ( #bjbj4  #b4    
,am5dm5t to ! ,tru? 9 ,l5d+ ,act  7a7 ,9
 g5]al ,section #abh7;e7 ( ! ,tru? 9    
,l5d+ ,act 7#ae ,u4,s4,c4 #afch7;e77 is 
am5d$ by add+ at ! end ! foll[+3  7#ab7 
,national /ud5t loan data sy/em  7,a7 ,9
 g5]al ,ea* private educational l5d]    
%all-- 7i7 submit to ! ,secret>y (      
,education = inclusion 9 ! ,national    
,/ud5t ,loan ,data ,sy/em e/abli%$ "u   
section #dhe;,b ( ! ,high] ,education   
,act ( #aife 7#bj ,u4,s4,c4 #ajib;b7    
in=mation reg>d+ ea* private education  
loan made by su* l5d] t w all[ = !      

electronic ex*ange ( data betwe5 borr[]s
 ( private education loans & ! ,sy/em2 &
  7ii7 9 c>ry+ out clause 7i71 ensure ! 
privacy ( private education loan        
borr[]s4  7,b7 ,in=mation to be submitt$
 ,! in=mation reg>d+ private education  
loans requir$ "u subp>agraph 7,a7 to be 
includ$ 9 ! ,national ,/ud5t ,loan ,data
 ,sy/em %all include ! foll[+ if det]m9$
 appropriate by ! ,secret>y (           
,education3  7i7 ,! total am\nt & type (
 ea* su* loan made1 includ+ out/&+      
int]e/ & out/&+ pr9cipal on su* loan4   
7ii7 ,! int]e/ rate ( ea* su* loan made4
  7iii7 ,in=mation reg>d+ ! borr[] t !  
,secret>y ( ,education det]m9es is      
necess>y to ensure ! electronic ex*ange 
( data betwe5 borr[]s ( private         
education loans & ! ,sy/em4  7iv7       
,in=mation1 includ+ contact in=mation1  
reg>d+ ! l5d] t owns ! loan4  7v7       
,in=mation1 includ+ contact in=mation1  
reg>d+ ! s]vic] t is h&l+ ! loan4  7vi7 
,in=mation conc]n+ ! date ( any default 
on ! loan & ! collection ( ! loan1      

includ+ any in=mation conc]n+ ! repaym5t
 /atus ( any default$ loan4  7vii7      
,in=mation reg>d+ any def]m5t or        
=be>ance grant$ on ! loan4  7viii7 ,!   
date ( ! completion ( repaym5t by !     
borr[] ( ! loan4  7ix7 ,any o!r         
in=mation det]m9$ by ! ,secret>y (      
,education to be necess>y = ! op]ation (
 ! ,national ,/ud5t ,loan ,data ,sy/em4 
7,c7 ,update ,ea* private educational   
l5d] %all update ! in=mation reg>d+     
private education loans requir$ "u      
subp>agraph 7,a7 to be includ$ 9 !      
,national ,/ud5t ,loan ,data ,sy/em on !
 same s*$ule z in=mation is updat$ "u ! 
,sy/em "u section #dhe;,b ( ! ,high]    
,education ,act ( #aife 7#bj ,u4,s4,c4  
#ajib;b74  4  7b7 ,effective date ,!    
am5dm5t made by subsection 7a7 %all     
apply to private education loans t are  
made = ! #bjba-bjbb academic ye> or     
lat]4  #c4 ,am5dm5t to ! ,high]         
,education ,act ( #aife ,section #dhe;,b
 ( ! ,high] ,education ,act ( #aife 7#bj
 ,u4,s4,c4 #ajib;b7 is am5d$ by add+ at 

! end ! foll[+3  7i7 ,private education 
loans  7#a7 ,9 g5]al ,n lat] ?an #a ye> 
aft] ! date ( enactm5t ( ! ,simplify+   
,access to ,/ud5t ,loan ,in=mation ,act 
( #bjbj1 ! ,national ,/ud5t ,loan ,data 
,sy/em e/abli%$ pursuant to subsection  
7a7 %all conta9 ! in=mation requir$ to  
be includ$ "u section #abh7;e77#ab7 ( ! 
,tru? 9 ,l5d+ ,act 7#ae ,u4,s4,c4       
#afch7;e77#ab774  7#b7 ,cosign] ,not)/&+
 any o!r provision ( law1 ! ,secret>y   
%all ensure t any cosign] ( a private   
education loan = :i* in=mation is       
includ$ 9 ! ,national ,/ud5t ,loan ,data
 ,sy/em--  7,a7 is able to access !     
in=mation 9 su* ,sy/em ) respect to su* 
private education loan 9 a sep>ate      
acc\nt = su* cosign]2 &  7,b7 does n h  
access to any in=mation 9 su* ,sy/em )  
respect to any loan = :i* ! cosign] has 
n cosign$4  7#c7 ,privacy ,! ,secret>y  
%all ensure t a private educational     
l5d]-- 7,a7 has access to ! ,national   
,/ud5t ,loan ,data ,sy/em only to submit
 in=mation = su* ,sy/em reg>d+ ! private

 education loans ( su* l5d]2 &  7,b7 may
 n see in=mation 9 ! ,sy/em reg>d+ !    
loans ( any o!r l5d]4  7j7 ,repaym5t    
options ,n lat] ?an #a ye> aft] ! date (
 enactm5t ( ! ,simplify+ ,access to     
,/ud5t ,loan ,in=mation ,act ( #bjbj1 ! 
,secret>y %all e/abli% a functionality  
)9 ! ,national ,/ud5t ,loan ,data ,sy/em
 e/abli%$ pursuant to subsection 7a7 t  
enables a /ud5t borr[] ( a loan made1   
insur$1 or gu>ante$ "u ?is title to     
input in=mation necess>y = ! e/imation (
 repaym5t am\nts "u ! v>i\s repaym5t    
plans available to ! borr[] ( su* loan  
to comp>e su* repaym5t plans4  4